What's a Realistic Retirement Age?
Farmers Hit the Jackpot in Kansas Oil Boom
So remember when a bunch of banks got into trouble because they were overly-reliant on short-term debt and when they couldn't refinance it quickly, they had to either file for bankruptcy protection or get bailed out?
The Wall Street Journal reports (subscription required) that "Moody's Investors Service research shows that the average maturity of U.S. banks' wholesale debt has fallen to 3.8 years, from 5.8 years in 2006 and 7.8 years in 2002. These banks face $2 trillion of wholesale debt maturities through 2015, but about three-quarters of this amount comes due by the end of 2012."
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
